Tag: fintech

FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value

FTT, the token native to crypto exchange FTX, lost most of its value after rival Binance, the world's largest cryptocurrency firm, announced plans to...

From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it

Celsius filing for bankruptcy this week surprised virtually no one. Once a platform freezes customer assets, it's typically all over. But just because the...

Why the $2 trillion crypto market crash won’t kill the economy

Francesco Carta Fotografo | Moment | Getty ImagesCarnage in the crypto market won't let up, as token prices plummet, companies lay off employees in...

Some investors got rich before a popular stablecoin imploded, erasing $60 billion in value

WASHINGTON — In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of billions of dollars as...

Exxon is mining bitcoin in North Dakota as part of its plan to slash emissions

A view of the Exxon Mobil refinery in Baytown, Texas.Jessica Rinaldi | ReutersExxonMobil, the top oil and gas producer in the U.S., is piloting...

Ukrainian central bank suspends electronic cash transfers, bolstering the use case for crypto

Ukraine's central bank is cracking down on digital money transfers in one of the latest measures implemented in connection with a nationwide declaration of...

Fintech Roundup: More female founders in fintech? Yes, please – TechCrunch

Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the...

These crypto enthusiasts are trying to raise $4 billion to buy the Denver Broncos

DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using...

Expanding Small Business Lending Online Helps Black-Owned Firms And Other Small Companies

Small business lending continues to improve steadily, but at a slow pace. While the rebound in approval percentage rates for small business loan requests...

British authorities just seized NFTs for the first time, in a £1.4 million fraud probe

LONDON — Britain's tax watchdog has seized three non-fungible tokens, in what is thought to be the first seizure of NFTs by a U.K....

Fintech Roundup: Proptech’s roller coaster, an ex-Better.com exec’s new gig and Alchemy’s true valuation jump – TechCrunch

Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the...

These 23 year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling

Brent Whitehead and Matt Lohstroh at the Texas A&M versus Alabama football game.Matt LohstrohHOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at...

Open To Challenge – Why Barclays Is Supporting Fintech Startups

Mariquit Corcoran, Barclays Group, Chief Innovation Officer Barclays...

SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees

Bob Cortright of DriveWealthSource: DriveWealthDriveWealth, the SoftBank-backed start-up that helps fintech firms including Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned.The...

Fintech Roundup: Corporate spend just can’t be a winner-takes-all space – TechCrunch

Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the...

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